Latest British Pound News

Friday’s press conference will take place at the sidelines of a security conference that is expected to see PM May unveil further details, on Saturday, about the UK’s post-Brexit security relationship with Brussels.

Brexit is firmly on the agenda for the British Pound after Foreign Secretary Boris Johnson kicked off one a series of speeches that will see government ministers provide more clarity on their decisions about Brexit.

Strategists see the British Pound as a sell as Brexit fears are tipped to make a return, however others warn that losses could be shallower in 2018 and a strong recovery into year-end is still on the cards.

Institutional positioning is the biggest threat to Sterling in the short term if global stock market volatility continues but the UK’s notorious current account deficit could also come back to bite it.

A new poll from YouGov confirms a recent trend - the Conservatives are seeing their standings with the electorate improve. A stronger Theresa May could have implications for the Pound Sterling outlook.